All Apple news

Apple’s capitalization will exceed $800 billion in 2017

Apple’s market capitalization in 2017 could grow to $824 billion from $740 billion now. So prognozom were made by analyst firm RBC Capital Markets. At the end of trading on 4 April, the value of the securities the “Apple” brand reached a record level – $144,77 per share.

In the course of trading on Monday, 17 April, Apple’s stock rose 0.6% to $141,12. For the last three months of the company’s shares rose almost 18%, and last year — 28.5%, showing better dynamics than the growth indexes Dow Jones and S&P 500.

Apple’s revenue for the first quarter of the 2017 financial year ending 31 December 2016, grew by 3.3% in annual terms — up to $78,35 billion Net profit declined 2.5% to us $of 17.89 billion, or up to $3,36 per share.

In February quotes Apple rose to a record high, when it became known that quarterly iPhone shipments increased by 5%. Showed good results and the unit of the Apple services. Another factor in the growth of quotations began to be paid to shareholders dividends – last year they amounted to $2,28 per share.

However, some analysts fear that the continuation of the current growth rate is unlikely. Last month Samsung released a new flagship model of its smartphone, the Galaxy S8 posing a serious threat to new iPhone models.

Among other adverse Apple stock called factors slowing growth in the Chinese market, the difficulties accompanying the expansion of the Indian market, and a General saturation of the smartphone market.

READ  In the Russian retail fell sharply Apple Watch

Leave a Reply

Your email address will not be published. Required fields are marked *